Market info

Forex Major Currencies Outlook (Mar 16, 2018)

USD

The US dollar drew a lot of support from its peers in the New York session when medium-tier reports came in mostly stronger than expected.

USDJPY Descending Triangle (Mar 16, 2018)

USDJPY has formed lower highs and found support at the 105.60 level, creating a descending triangle pattern on its 1-hour time frame.

Forex Major Currencies Outlook (Mar 15, 2018)

USD

The dollar dipped upon seeing downbeat retail sales data but soon rebounded.

EURGBP Channel Support (Mar 15, 2018)

EURGBP is trending higher on its 4-hour time frame, moving inside an ascending channel and currently testing support.

Forex Major Currencies Outlook (Mar 14, 2018)

USD

The US dollar took some hits once more as Trump decided to fire Secretary of State Tillerson and could also sack other officials that disagree with him. 

GBPAUD Range Setup (Mar 14, 2018)

GBPAUD is moving sideways recently, finding support at the 1.7600 major psychological level and resistance at 1.7900. 

Forex Major Currencies Outlook (Mar 13, 2018)

USD

The US dollar shed some ground to its peers, presumably on positioning ahead of the inflation releases later this week.

EURAUD Rising Wedge (Mar 13, 2018)

EURAUD is slowly trending higher inside a rising wedge formation visible on the 4-hour time frame. 

Forex Major Currencies Outlook (Mar 12, 2018)

USD

The US dollar initially had a strong positive reaction to upbeat NFP results, as the headline figure posted a gain of 313K versus the consensus at 205K. 

AUDUSD Channel Resistance (Mar 12, 2018)

AUDUSD is trending lower on its 4-hour time frame and is testing the top of the descending channel.